Andalucía continues to generate thousands of new companies – and employment opportunities

05/02/2019

When you are comparing homes, apartments and villas for sale in Sotogrande, it probably won’t just be the properties themselves that you feel the need to scrutinise. That’s because, depending on your particular circumstances and requirements, you may also be anxious to ensure you can actually find work in this part of the Costa del Sol to support your glamorous new Mediterranean lifestyle.

Thankfully, there is good news on that front, with recent statistics having been released indicating a significant jump in the number of new companies being created in Andalucía, alongside a fall in unemployment.

What do the figures say?

As reported by the Spanish independent news agency Europa Press, some 16,160 companies were registered in Andalucía during 2018, which is 4.45% more than was seen in 2017. The source for these statistics is the Business Demography Study published by Informa D&B.

The specialists in business information sale for companies explained that this figure showed a better rate of new company registrations in Andalucía than the national average, which went up by 1% in the same bracket of time.

The number of new companies created in Andalucía during December alone increased by 9%, compared to a 6% rise for Spain as a whole.

Meanwhile, another recent Europa Press story stated that Andalucía had led Spain in terms of the fall in unemployment in absolute terms. There were 126,200 fewer unemployed people in the region during 2018, a year that also saw 118,600 more people gain employment. These figures were revealed by the Survey of Active Population (EPA) and the National Institute of Statistics (INE).

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